XRP Price Declines Below $2.220 After Failing to Break Resistance

XRP Price Update

  • XRP price declined from the $2.320 zone.
  • Current trading is below $2.220 and the 100-hourly Simple Moving Average.
  • Key bullish trend line support at $2.20 has been broken.
  • The price formed a low at $2.148 and is consolidating losses below the 23.6% Fib retracement level.
  • Resistance levels to watch: $2.220, $2.2380, and $2.2850.
  • Support levels are at $2.150 and $2.120.
  • A move below $2.120 may lead to further declines toward $2.050 and $2.020.

Technical indicators show a bearish trend with the MACD losing pace and the RSI below 50.

XRP Price